FormFactor, Inc. (FORM) vs TeraWulf Inc. (WULF)

FORM leads on 8 of 11 compared metrics.

A side-by-side comparison of FormFactor, Inc. and TeraWulf Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 30, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — FORM vs WULF

growth of $100 · last 23y
FORM +720.1%WULF +659.7%FORM compounded faster
05001kStart $10020072011201520192023$820$760
FORM WULF

FORM vs WULF: by the numbers

  • FORM is the larger company ($12.47B vs $12.24B market cap).
  • FORM is profitable (8.14% net margin) while WULF runs a net loss (-611.46%).
  • WULF grew revenue faster over the past five years (66.83% vs 3.14% CAGR).

Which is better, FORM or WULF?

Metric tally: FORM 8 · WULF 3

It depends on what you're optimizing for:

GrowthWULF(faster 5Y revenue CAGR)
QualityFORM(higher ROIC)

Metrics side by side

Valuation

MetricFORMWULF
P/E ratio165.71
Forward P/E58.77
P/S ratio13.6362.17
P/B ratio10.8169.93
PEG ratio32.56
EV / EBITDA74.89
FCF yield0.32%

Profitability

MetricFORMWULF
Gross margin42.11%50.93%
Operating margin12.70%-101.10%
Net margin8.14%-611.46%
ROE6.45%-470.94%
ROIC4.67%-3.18%

Growth (annualized)

MetricFORMWULF
Revenue CAGR (5Y)3.14%66.83%
EPS CAGR (5Y)5.09%-27.04%
FCF CAGR (5Y)-19.02%26.65%
Total return CAGR (5Y)31.59%9.78%

Frequently asked

Which is better, FORM or WULF?
It depends on your goal. growth: WULF (faster 5Y revenue CAGR); quality: FORM (higher ROIC). Across all compared metrics, FORM leads 8 to 3.
Which has grown faster, FORM or WULF?
Over the past five years, WULF grew revenue faster — FORM at a 3.14% CAGR versus WULF at 66.83%.
Is FORM or WULF more profitable?
FORM runs the higher net margin — FORM at 8.14% versus WULF at -611.46%.
Which has been the better investment, FORM or WULF?
Over the past 10-year, FORM delivered the higher annualized total return — FORM at 32.10% versus WULF at 10.60%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 30, 2026.